Sanctions and PEP checks in the KYC process

The world has become a global village, and geographical boundaries no longer bind interactions. Money transfers across national borders have subsequently increased over the years, resulting in an upsurge in money laundering activities. Criminals look for loopholes in the financial system to pass their illegal income as legitimate. To curb these activities, Financial Action Task

Why user experience matters in identity verification

It’s no secret that a great user experience can go a long way in the modern world. With so many options, users are quick to abandon products and services that don’t meet their needs. As companies move further into the digital age, they face new challenges that require innovative solutions. One of those challenges is

Identity verification trends in everyday life, part 2

As we approach mid-2022, we dwell on changes in the identity verification industry and observe what sectors it is entering to enable everyone to participate in the digitized world. It seems that the Covid-19 pandemic has faded, but its consequences in the area of remote access to various services are still visible and have become

NFT and Identity Verification

Cryptocurrencies and blockchain technology are making waves in different industries, with non-fungible tokens (NFTs) being the latest talk of the town. As cryptocurrencies have become more mainstream, so too has the use of blockchain for non-financial transactional services. This year alone saw a surge in the creation and trading of NFTs or digital assets stored

Fully-Verified was created as answer to its founders collectively losing over $150 000 to various types of fraud in their eCommerce businesses.